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Hollywood’s finest young stars from far and wide came out for the 2011 Young Hollywood Awards presented by Bing on Friday night in L.A. to celebrate and honor their peers in the entertainment field.

Rising starlet Elle Fanning received an honor for Actress of the Year in Film, while Tron: Legacy’s Garret Hedlund received a nod for Actor of the Year in Film.

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On the music side, Avril Lavigne took home the award for Artist of the Year, although she could not attend the bash at Club Nokia.

From Prada to Nada starlet Camilla Belle was presented with the night’s Young Hollywood Style Icon honor by pal Topher Grace.

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Other young stars at the bash, hosted by Guiliana Rancic, included Hailee Steinfeld, Armie Hammer, Eva Mendes and musician Pete Wentz.

Catch the 2011 Young Hollywood Awards this Thursday May 26 on Ion Television to see all of the honorees.

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